£211,233
This estimated value is based upon the latest sale price for the house of £207,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £207,000 | 30 Jun 2023 |
| £160,000 | 29 Apr 2022 |
| £122,500 | 6 Nov 2015 |
| £124,000 | 25 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in June 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £207,000 results in an estimated price of approximately £211,233.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £207,000 | £4,233 | £211,233 |
The Postcode Pricing Model uses changes in average sales price within the WN3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -13.967 % | £-28,911 | £178,088 |
| 3 Month Average | 36.184 % | £74,901 | £281,901 |
| 6 Month Average | 25.308 % | £52,387 | £259,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £85,745 | £85,000 | 12 ELEANOR STREET |
| 1 Dec 2023 | £2,579,255 | £2,500,000 | UNIT G2 ECKERSLEY MILL 1 SWAN MEADOW INDUSTRIAL ESTATE |
| 10 Nov 2023 | £135,951 | £132,500 | 53 BAKER STREET |
| 30 Jun 2023 | £211,233 | £207,000 | 1 CANAL COTTAGES SOUTHGATE |
| 28 Apr 2023 | £102,925 | £101,000 | 13 ELEANOR STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 Dec 2021. Using an estimated price of £211,233 means this house is valued at £2,177 per sq meter (£202 per sq foot).
The average size of a house on SOUTHGATE is 206 sq meters (2,222 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,044 sq feet).